Resort type living at its best. One of the most popular Condo's on So Beach. View the virtual tour to see the richness of this 3 Br 3.5 Bath 19th floor Unit which provides sheer luxury. Floor through model with spit bedroom plan.

One of a Kind condo with 20 Ft ceilings & Dramatic windows overlooking the ocean. Designed by famous designer & Featured on cover of Architectural Digest. Uniquely large split 2 bedroom, 2.5 bath with 1565 sq ft of interior space.

Enjoy an unparalleled luxury lifestyle in this fully furnished direct ocean front residence at Edition. From the moment you walk into the living room the Atlantic Ocean greets you as far as your eyes can see. This 3 bedroom, 3.

The most exquisite home on the peak of gated Stillwater Dr. w/elite privacy. 137 ft. of breathtaking views overlooking wide-open Biscayne Bay & world renowned Indian Creek Island. Formal living & dining rooms, perfect for family entertaining.

Modern Style, features 50' long pool. The 75' dock made of teak and it has unobstructed wide Bay View; furthermore, it has 2 jet ski lifts. Private and secured with automatic gated 2 car garage, one additional car parking on driveway.

Coming soon large fully renovated single family home in the heart of South Beach. Open floor plan with beautiful finishes. 3 bedroom 3 bath with a beautiful front and back yard. Perfect for entertaining. Spacious and bright.

September 2019 Miami Beach Rent Report

Welcome to the September 2019 Miami Beach Rent Report. Miami Beach rents increased over the past month. In this report, we'll evaluate trends in the Miami Beach rental market, including comparisons to cities throughout the metro, state, and nation.

September 2019 Miami Beach Rent Report

Welcome to the September 2019 Miami Beach Rent Report. Miami Beach rents increased over the past month. In this report, we'll evaluate trends in the Miami Beach rental market, including comparisons to cities throughout the metro, state, and nation.

Miami Beach rents increase sharply over the past month

Miami Beach rents have increased 0.6% over the past month, and have increased marginally by 0.6% in comparison to the same time last year. Currently, median rents in Miami Beach stand at $1,021 for a one-bedroom apartment and $1,294 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in June. Miami Beach's year-over-year rent growth lags the state average of 1.4%, as well as the national average of 1.5%.

Rents rising across the Miami Metro

Throughout the past year, rent increases have been occurring not just in the city of Miami Beach, but across the entire metro. Of the largest 10 cities that we have data for in the Miami metro, 8 of them have seen prices rise. Here's a look at how rents compare across some of the largest cities in the metro.

Miami Beach has the least expensive rents in the Miami metro, with a two-bedroom median of $1,294; additionally, the city has seen the fastest rent growth in the metro over the past month (0.6%).

Over the past year, Miami Gardens has seen the biggest rent drop in the metro, with a decline of 0.9%. Median two-bedrooms there cost $1,451, while one-bedrooms go for $1,144.

Pembroke Pines has the most expensive rents of the largest cities in the Miami metro, with a two-bedroom median of $2,427; rents increased 0.2% over the past month and 1.0% over the past year.

Miami Beach rents more affordable than many large cities nationwide

As rents have increased marginally in Miami Beach, a few large cities nationwide have also seen rents grow modestly. Miami Beach is still more affordable than most large cities across the country.

Rents increased slightly in other cities across the state, with Florida as a whole logging rent growth of 1.4% over the past year. For example, rents have grown by 2.0% in Tampa and 1.8% in Jacksonville.

Miami Beach's median two-bedroom rent of $1,294 is above the national average of $1,191. Nationwide, rents have grown by 1.5% over the past year compared to the 0.6% increase in Miami Beach.

While Miami Beach's rents rose marginally over the past year, many cities nationwide also saw increases, including Austin (+3.2%), New York (+1.7%), and DC (+1.5%).

Renters will find more reasonable prices in Miami Beach than most large cities. For example, San Francisco has a median 2BR rent of $3,133, which is more than twice the price in Miami Beach.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

City

Median 1BR price

Median 2BR price

M/M price change

Y/Y price change

Miami

$1,080

$1,370

-0.3%

1.3%

Fort Lauderdale

$1,130

$1,440

-0.7%

-0.3%

Pembroke Pines

$1,910

$2,430

0.2%

1%

Hollywood

$1,120

$1,420

-0.2%

0.6%

Miami Gardens

$1,140

$1,450

-0.1%

-0.9%

West Palm Beach

$1,080

$1,370

0

1.1%

Pompano Beach

$1,160

$1,470

-0.3%

1.1%

Miami Beach

$1,020

$1,290

0.6%

0.6%

Boca Raton

$1,480

$1,880

0.3%

3.2%

Deerfield Beach

$1,200

$1,520

0.1%

1.9%

Boynton Beach

$1,310

$1,670

-1.1%

1.6%

Delray Beach

$1,190

$1,510

0.6%

1.5%

Wellington

$1,520

$1,920

0.2%

1.4%

Jupiter

$1,270

$1,600

-0.4%

1.7%

Palm Beach Gardens

$1,370

$1,730

-0.4%

0.5%

North Miami Beach

$1,390

$1,760

-2.2%

3%

Lake Worth

$1,060

$1,340

-1.7%

2%

See More

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.